Technical Analysis for Bittensor (TAO)
Current Price: $231.96
Key Support Levels
Near-term support: $230–$240
Deeper support: $199–$205
Key Resistance Levels
First resistance: $287–$305
Second resistance: $317–$330
Buying Opportunities
1. Entry at support $230–$240
Stop-Loss: $220
Profit Targets: $287–$305 → $317–$330
2. Entry after breaking resistance $305
Stop-Loss: $295–$300
Profit Targets: $330 → $350+
Important Notes
Stop-Loss is essential to limit potential losses.
The price may be volatile, monitor the market closely.
A strong breakout above $305 with high volume strengthens the bullish scenario.
Strong support at $230–$240 offers a calculated buying opportunity. Stop-loss at $220, with clear profit targets up to $330+.
